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LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.

More Info

Basic Information

  • Gross Income $104,700
  • Mls StatusNew
  • Parcel Number 1376506

Tax Information

  • Tax Assessed Value $1,182,400
  • Tax Year 2025
  • Taxes$10,724

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 7
  • Bedrooms10
  • Full Bath7

Basic Information

  • List Price$1,495,000
  • MLS Number73559548
  • Modification Date08/05/2026
  • Property SubType5-9 Family

Location

  • Address19 Fernwood Avenue
  • Building Number19
  • CountySuffolk
  • StateMA
  • StreetFernwood Avenue
  • TownRevere
  • Zip02151

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 5
  • Patio And Porch Features Porch, Enclosed, Deck
  • Rooms23
  • Stories5
  • Units6
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Tile, Vinyl, Carpet, Hardwood

Exterior

  • Fencing Fenced/Enclosed

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,752
  • Lot Size Square Feet 5,001
  • Lot Size Units Acres
  • Square Feet4,752

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement

Water Body

  • Waterfront Features Ocean, Beach Ownership(Public)

Legal

  • Zoningres

Other

  • Date Listed08/05/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michelle Joslin-Chaves of Leading Edge Real Estate

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